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  • July 12, 2014
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  1. Business - Comment - JAKE'S VIEW

    Rich are easy target but tax offensive won't help the poor

    Posted May 01st 2014, 01:18am by Jake Van Der Kamp

    ... Jake van der Kamp As the wealthy can flee, real efforts to lift those at bottom should start with smart government Rich are easy target but tax offensive won't help the poor [Thomas] ... by significantly increased taxation of the rich. Stephen Vines column, SCMP, April 30 I haven't read Mr Piketty's book and I have to confess that the prospect of ploughing through 700 pages ...

  2. Business - Banking & Finance - JAKE'S VIEW

    Losers' Clubs spend good money on bad ideas

    Posted Jul 10th 2014, 04:55am by Jake Van Der Kamp

    ... for the public even if the public chooses not to buy them at their full cost and must be made to pay out of taxes instead of by choice. Who decides what is so very good? How do they know? What gives them ...

  3. Comment - Insight & Opinion - JAKE'S VIEW

    Council proposals won't do much for investor protection

    Posted Jun 22nd 2014, 03:15am by Jake Van Der Kamp

    ... is that any rule change it makes requires a consultation. There can be no expediting. They didn't talk to the stock exchange. They haven't talked to anyone much. Their wisdom is sufficient ...

  4. Business - Companies - JAKE'S VIEW

    Corporate rescue bill not worth saving

    Posted Jun 05th 2014, 05:34am by Jake Van Der Kamp

    ... corporate rescue bill is likely to sink again before it gets to Legco. The reason is the rule in corporate bankruptcies that taxes and wages must be paid first out of what is left after dissolution, and shareholders' equity paid out last. I am not overly bothered about when tax is paid. Government never struggles to pay the rent. But people do and there is a strong undercurrent of suspicion ...

  5. Business - Comment - JAKE'S VIEW

    Pension funding figures don't add up

    Posted May 29th 2014, 12:44am by Jake Van Der Kamp

    ... million people alone, however, and you get an annual cost for this assumed pension of HK$48 billion. It might just be possible to do it without adding to the tax burden. Our government has about ...

  6. Comment - Insight & Opinion - JAKE'S VIEW

    Exports a handy fudge when playing the Hong Kong GDP numbers game

    Posted May 18th 2014, 03:35am by Jake Van Der Kamp

    ... to the paperwork, where a profit margin is magically added. The China taxman cannot tax this and ours will not. The goods then proceed on their way tax free. Let's put this into perspective. We ...

  7. Comment - Insight & Opinion - JAKE'S VIEW

    Export forecasts call for finger-crossing

    Posted Apr 27th 2014, 05:19am by Jake Van Der Kamp

    ... I haven't included Laos, Cambodia and North Korea). You need not really bother figuring out which is which here. They are the same, which should hardly be a surprise. Every piece of merchandise ...

  8. Business - Comment - JAKE'S VIEW

    Reit tax machinations just much ado about nothing

    Posted Feb 02nd 2014, 03:06am by Jake Van Der Kamp

    ... Jake van der Kamp Reit tax machinations just much ado about nothing "Some tax incentives and relaxations on development should help the Hong Kong reit sector to capture the next wave ... Post, January 30 Note those two words "tax incentives". They are critical to the debate about whether local real estate investment trusts should be forgiven taxes that others must pay. ...

  9. Business - Economy - JAKE'S VIEW

    Hong Kong doesn't need Morlocks from the Delta to fix labour woes

    Posted Feb 24th 2014, 03:51pm by Jake Van Der Kamp

    ... of subhumans, the Morlocks, who lived underground in the dark to serve their master race, the Eloi. Except, of course, that they also ate the Eloi. We haven't got quite that far yet in relations ... the manufacturing investment has come from abroad, seeking to take advantage of easy taxes, laid-on facilities, an excellent laid-on port and lots of foreign labour that makes no trouble or will get much ...

  10. Business - Banking & Finance - JAKE'S VIEW

    FSDC adviser Bill Strong has weak argument for stopping reit profit tax

    Posted Dec 03rd 2013, 05:45am by Jake Van Der Kamp

    ... for ending reit tax "You can't lose something you don't have," [Financial Services Development Council adviser Bill] Strong said. "If Hong Kong does not change the tax rules, ... we would do with your proposals for abolishing profits tax on real estate investment trusts. Let's get reits straight first. A reit is a tax dodge for property investment. ...




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